A French company floating a bond issued in Swiss francs in Switzerland would be selling a foreign bond.
a. true
b. false
a. true
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Which of the following is not included in the sum of national income?
A. Interest B. Rent C. Depreciation or consumption of fixed capital D. Profits and losses
Show graphically the effect of technological advance on the price of music downloads. In a separate graph, show what happens to the price of CDs as a secondary effect of the new download technology.
What will be an ideal response?
Which of the following is true for a monopolistically competitive firm in long-run equilibrium?
A) P > MR and MC = ATC. B) P = ATC and MR = MC. C) P = ATC and P = MC. D) P > ATC and P > MR.
Which of the following causes a decrease in demand for a normal good?
A) increase in price of a substitute B) increase in price of a complement C) increase in price D) increase in income